April 6, 2022
We have informed you earlier that political uncertainty normally creates strong markets for our vessels.
There is now a solid momentum in the market.
We are currently securing spot contracts for a month or longer at rates above USD 50,000 a day.
Our operating costs are about USD 8,000 per day per ship.
NAT has a large part of the fleet operating in the spot market.
Nordic American Tankers Ltd, press release